Saudi Arabia Hand Care Market 2023: Growth and Trend with Forecast
Posted by Masud Khan on March 3rd, 2020
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Hand Care (Skincare) Market in Saudi Arabia – Outlook to 2023: Market Size, Growth and Forecast Analytics” under Personal Care category. The Hand care (Skincare) Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Hand cream is a rich moisturizer used to repair and prevent dry, cracked hands. Hand cream is technically different than hand lotion, though sometimes the terms are used interchangeably to refer to a moisturizer designed for the hands. Hand cream is, in general, thicker and richer with a more emollient base than hand lotion and is designed for very dry skin.
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Hand Care market in Saudi Arabia registered a positive compound annual growth rate (CAGR) of 13.89% during the period 2013 to 2018 with a sales value of SAR 187.12 Million in 2018, an increase of 12.41% over 2017. The market achieved its strongest performance in 2015, when it grew by 16.42% over its previous year and its weakest performance in 2017, when it increased by 11.54% over 2016. The fastest growing segment of the Hand Care market in Saudi Arabia between the year 2013 and 2018 was Mass Hand Care which registered a CAGR of 14.49%. The weakest performing segment of the market was Premium Hand Care with a CAGR of 10.71%. In 2018 Mass Hand Care segment in Saudi Arabia Hand Care market accounted for a major share of 85.44%, while Premium Hand Care stood in second position representing 14.56% of the market’s 2018 share.
The research handbook provides up-to-date market size data for period 2013-2018 and illustrative forecast to 2023 covering key market aspects like Sales Value and Volume for Hand Care and its variants Mass Hand Care & Premium Hand Care.
Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2015 to 2018 and overall market sales by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Department Stores, Dollar Stores, Variety Store, Cash & Carries and Warehouse clubs, eRetailers, Food & Drinks specialists, Drug stores & Pharmacies, Health & Beauty Stores, Other general retailers and others) where ever applicable.
The research handbook acts as an essential tool for companies active or planning to venture in to Saudi Arabia’s Hand Care (Skincare) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Units.
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About the AuthorMasud Khan
Joined: October 15th, 2019
Articles Posted: 190
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